The congestion on the Ethereum (ETH) network caused a user to pay 64 ETH transaction fees worth $118,000.
Recently Pepe Coin (PEPE) While the meme coin frenzy, especially, raises transaction fees to high levels, a user 118 thousand dollars had to pay a transaction fee. Offered by on-chain analytics platform WhaleAlert data according to Monday, May 8 a user decentralized exchange (DEX) Uniswap over 84 Ethereumabout 13 trillion Four Coins (FOUR) converted and for this operation 64 ETH network fee paid.
User’s 118 thousand dollars invested FOUR just launched today and breast token has been in the focus of investors who want to take advantage of the rush.
On the other hand, transaction fees on the Ethereum network have been at pocket-sized levels for about a week. although Proof of Work (PoW) from the system Proof of Stake (PoS) one of the most important objectives of the transition to the network density While keeping the transaction fees low during the process, it seems that the developers will need to work more on this.
Ethereum co-founder Vitalic ButerineHe made a similar comment on the subject in .
Interest in Pepe and BRC-20 tokens in bitcoin process at of their wages caused the increase. The transaction fee for Bitcoin transfer is in the last month. to 18 times by reaching since 2017 reached the highest level.
Finally, the meme coin frenzy on Uniswap in the last 7 days More than 15,000 Ethereum (ETH) was burned.
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Related article: Search for New Pepe Coin Sets Uniswap Record: 15k Ethereum Burned!
After Bitcoin, Is Ethereum Next? 64 ETH Transaction Fee at Once! The article named was prepared by Tugay Erdem and published on koinbulteni.com.
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